2 Bed Flat, Single Let, Salford, M5 4YH, £250,000

Woden Street, Salford, M5 4YH - 4 views - 3 months ago

Leasehold
BTL
ROI: 1%
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£102K - £430K
Sold Prices/m²£1.7K/m² - £4.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£199,980

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£895 - £2,500

Rent Estimate

£1,100

Running Costs/mo

£1,021

Cashflow/mo

£79

Cashflow/yr

£945

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £102K to £430K, average is £167.5K. £1.7K/m² to £4.4K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£180K12/220.07 miApartment 47, Slater House, Woden Street, Salford, Greater Manchester M5 4UE2
£153K12/230.11 miRenolds House, Apartment 19, Everard Street, Salford, Greater Manchester M5 4UB2
£114K11/230.11 miApartment 1, Renolds House, Everard Street, Salford, Greater Manchester M5 4UB2
£173K11/210.12 miApartment 72, Irwell Building, Derwent Street, Salford, Greater Manchester M5 4SS2
£171.5K07/210.12 miApartment 49, Irwell Building, Derwent Street, Salford, Greater Manchester M5 4SS2
£110K11/200.14 miFlat 41, Cassandra Court, Asgard Drive, Salford, Greater Manchester M5 4TW2
£150K11/220.14 miFlat 42, Cassandra Court, Asgard Drive, Salford, Greater Manchester M5 4TW2
£136.1K01/230.15 miFlat 66, Imogen Court, Asgard Drive, Salford, Greater Manchester M5 4TQ2
£138K03/230.15 miFlat 102, Imogen Court, Asgard Drive, Salford, Greater Manchester M5 4TQ2
£102K03/210.15 miFlat 101, Imogen Court, Asgard Drive, Salford, Greater Manchester M5 4TQ2
£138K07/230.15 miFlat 90, Imogen Court, Asgard Drive, Salford, Greater Manchester M5 4TQ2
£127.5K07/230.16 miFlat 11, Miranda Court, Asgard Drive, Salford, Greater Manchester M5 4TN2
£130K05/230.16 miFlat 2, Miranda Court, Asgard Drive, Salford, Greater Manchester M5 4TN2
£128K02/210.16 miFlat 19, Miranda Court, Asgard Drive, Salford, Greater Manchester M5 4TN2
£250K07/210.24 miFlat 301, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ2
£260K06/230.24 miFlat 108, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ2
£210K09/210.27 miFlat 202, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ2
£130K01/210.31 miFlat 29, Thomas Court, Beattock Close, Manchester, Greater Manchester M15 4JA2
£230K08/210.36 mi32, Potato Wharf, Manchester, Greater Manchester M3 4NB2
£212K09/210.36 mi28, Potato Wharf, Manchester, Greater Manchester M3 4NB2
£210K03/210.37 mi19, Woollam Place, Manchester, Greater Manchester M3 4JJ2
£400K04/210.38 miApartment 310, Middle Warehouse, Castle Quay, Manchester, Greater Manchester M15 4NT2
£350K04/210.38 miApartment 301, Middle Warehouse, Castle Quay, Manchester, Greater Manchester M15 4NT2
£430K01/230.38 miSuite 509, Middle Warehouse, Castle Quay, Manchester, Greater Manchester M15 4NT2
£240K04/210.41 mi127f, Liverpool Road, Manchester, Greater Manchester M3 4JN2
£208K02/210.41 mi133d, Liverpool Road, Manchester, Greater Manchester M3 4JN2
£215K12/220.43 mi326, City Road, Manchester, Greater Manchester M15 4FA2
£153.5K03/210.49 mi41, Greenwood Terrace, Salford, Greater Manchester M5 3GH2
£148K05/210.5 mi94, Jackson Crescent, Manchester, Greater Manchester M15 5AA2
£172.5K06/230.5 mi94, Jackson Crescent, Manchester, Greater Manchester M15 5AA2
£173.5K12/220.5 mi86, Jackson Crescent, Manchester, Greater Manchester M15 5AA2
£170K12/220.51 mi44, Jackson Crescent, Manchester, Greater Manchester M15 5AA2
£172K03/240.54 mi7, St Wilfrids Street, Manchester, Greater Manchester M15 5XE2
£220K06/210.57 mi29, Rozel Square, Manchester, Greater Manchester M3 4FQ2
£277K07/210.58 mi1, Culvercliffe Walk, Manchester, Greater Manchester M3 4FL2
£294K12/200.58 mi11, Culvercliff Walk, Manchester, Greater Manchester M3 4FL2
£285K06/210.6 mi28, Porchfield Square, Manchester, Greater Manchester M3 4FG2
£157.5K04/210.6 mi15, Shawgreen Close, Manchester, Greater Manchester M15 4DR2
£178K03/230.61 mi15, Radclyffe Mews, Salford, Greater Manchester M5 3GD2
£170K02/230.61 mi17, Radclyffe Mews, Salford, Greater Manchester M5 3GD2
£122.5K05/210.62 mi377a, Stretford Road, Manchester, Greater Manchester M15 4AW2
£138K07/210.62 mi324a, Stretford Road, Manchester, Greater Manchester M15 5TP2
£137K08/210.65 mi28, Chorlton Road, Hulme, Manchester, Greater Manchester M15 4AU2
£142K05/210.65 mi56, Chorlton Road, Manchester, Greater Manchester M15 4AU2
£137.5K11/200.65 mi60, Chorlton Road, Hulme, Manchester, Greater Manchester M15 4AU2
£160K08/230.66 mi1d, Rolls Crescent, Manchester, Greater Manchester M15 5JZ2
£142K05/210.66 mi56, Chorlton Road, Manchester, Greater Manchester M15 4AU2
£165K06/230.67 mi296b, Stretford Road, Manchester, Greater Manchester M15 5TN2
£157.5K05/230.69 mi22, Yew Street, Hulme, Manchester, Greater Manchester M15 5YW2
£161K02/240.72 mi104, Royce Road, Hulme, Manchester, Greater Manchester M15 5LA2

Local Rents

50 rents from £895/mo to £2.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,55012/240 mi-2
£1,40002/240.01 mi-2
£1,32505/240.01 miDowntown, 9 Woden Street, Salford2
£1,30006/240.01 miDowntown, 9 Woden Street, Salford2
£1,40006/240.01 miDowntown (Block A) 9 Woden Street, Salford2
£1,45005/240.03 miWoden Street, Salford2
£1,30005/240.03 miDowntown, 7 Woden Street, Salford, M52
£1,30005/240.03 mi-2
£1,25005/240.03 mi-2
£1,35012/240.03 mi-2
£1,35005/240.03 miWoden Street, Salford, M52
£2,50002/250.03 mi-2
£1,40005/240.03 miThe Mill, M5 4JH2
£1,40005/240.03 mi9 Woden Street, Salford, 2
£1,35005/240.03 miDowntown, 7 Woden Street, Salford2
£1,35005/240.04 mi-2
£1,27505/240.04 miDowntown, 9 Woden Street, Salford2
£1,17502/250.04 mi-2
£1,35005/240.05 miDowntown, 7 Woden Street, Salford, Lancashire, M52
£1,25006/240.05 miWoden Street, Salford2
£1,30005/240.05 miBlock B, Downtown, 9 Woden Street, Salford, Lancashire, M52
£1,15005/240.06 miWoden Street, Salford, Greater Manchester, M52
£1,15005/240.06 miWoden Street, Salford, Greater Manchester, M52
£1,15005/240.06 miSteele House, Woden Street, Salford, M52
£1,29505/240.06 miThe Riverside, Derwent Street Salford M52
£1,20005/240.06 mi29 Slater House, Lamba Court, Salford2
£1,30012/240.06 mi-2
£1,10003/250.06 mi-2
£1,20006/240.06 miSteele House, Woden Street, M52
£1,35003/250.07 mi-2
£1,35005/240.07 miRiverside, Lowry Wharf, Derwent Street, Salford, M52
£1,35012/240.07 miRiverside, Lowry Wharf, Derwent Street, Salford, M52
£89505/240.07 miThe Riley Building, Derwent Street, M52
£1,20006/240.07 miSlater House, Woden Street, M52
£1,15005/240.07 miSlater House, Lamba Court, Woden Street, Salford, M52
£1,15005/240.07 miSlater House, Lamba Court, Woden Street, Salford, M52
£1,20005/240.07 miSt Georges Island, 3 Kelso Place, Castlefield, Manchester, M152
£1,50005/240.08 miKelso Place, Manchester, Greater Manchester, M152
£1,35005/240.08 miBridgewater Gate, Woden Street, Salford, M52
£1,50003/250.09 mi-2
£1,49505/240.09 miSilkbank Wharf, 21 Derwent Street, Manchester2
£1,35005/240.09 miExcelsior Works, Castlefield2
£1,51205/240.09 miSilkbank Wharf, 21 Derwent Street, Manchester2
£1,19505/240.09 miSt. Georges Island, Kelso Place, Castlefield, Manchester, M152
£1,15005/240.09 miKelso Place, Manchester, M152
£1,20005/240.09 mi-2
£1,20005/240.09 miKelso Place, Manchester, M152
£1,10006/240.1 miKelso Place, Castlefield, Manchester, M152
£1,25003/250.1 mi-2
£1,25005/240.1 miSt Georges Island, 2 Kelso Place, Castlefield2

Local Area Statistics

Population in M5

14,445

Population in Salford

88,697

Town centre distance

2.68 miles away

Nearest school

0.40 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Buyer's market

Capital growth (5yrs)

+6%

Property History

Listed for £250,000

January 2, 2025

Floor Plans

Description

  • EWS1 Form Available +
  • Canal side +
  • 2 Double bedrooms +
  • Ensuit +
  • Yoga studio +
  • Sauna and steam room +
  • Residents lounge +
  • On site gym +

EPC band: B I am delighted to present this luxurious, fully furnished 2-bedroom apartment for sale within the Downtown Building in Salford. Located in a vibrant, urban area with a strong local community, the property is conveniently situated close to public transport links, local amenities, serene walking and cycling routes, and is just a stone's throw away from the canal side, where you can enjoy peaceful walks towards Manchester's Castlefield or Salford Quays. This apartment features an elegant open-plan design, enhancing the flow of natural light and creating a warm, welcoming atmosphere. It boasts two spacious bedrooms, both with en-suite facilities. The first bedroom is a generous double room, while the second benefits from an abundance of natural light. Each bedroom has an en-suite, with the second bedroom’s en-suite doubling as a family bathroom due to its two-door access. The heart of this flat is undoubtedly the kitchen. Fully equipped with modern appliances, this open-plan space also includes a utility cupboard and a dining area. Natural light floods this space, making it a pleasant area for cooking and dining. The reception room is equally impressive, with large windows offering a beautiful garden view. The open-plan layout makes it a versatile space, ideal for relaxation or entertaining guests. One of the unique features of the property is the 24/7 concierge service. Residents also have access to a gym, a sauna and steam room, a yoga studio, and a residents' lounge. Additionally, there's a business centre and meeting rooms for residents to use. Food is at the heart of the city’s culture and Manchester caters for every type of cuisine imaginable. From fine dining experiences to gastro pubs, street food, and bargain bites, restaurants are opening at a faster rate than anywhere else in the country, including London. Manchester institutions such as San Carlo, El Rincon De Rafa, and The French at The Midland have been joined by new favourites including Manchester House, Abode, Australasia, and Hawksmoor. Home to two of the UK’s largest shopping centres, the Arndale Centre and the Trafford Centre, as well as an array of high street and designer stores, and world-renowned department stores such as Harvey Nichols, House of fraser and Selfridges, Manchester offers an exceptional retail experience.  Home to the AO Arena and the recent Coop Live, the city attracts some of the biggest international artists but is also famous for its home-grown comedy, music, and acting talents. The city is also known for its sporting heritage, with Manchester United and Manchester City attracting the best players from across the globe.  This apartment is a perfect blend of luxury and convenience, offering a high-quality lifestyle in the heart of Salford. Dont hesitate to arrange your viewing today! Rental valuation £1,450PCM Ground rent: £395
Service charge: £2,600 
Please note - Ground rent and service charge info provided is an estimate from last year. Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, North West & Midlands

01525 659945

Next Steps?

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